Assume the Following Data: Current Assets = 500; Current Liabilities

question 4

Multiple Choice

Assume the following data: Current assets = 500; Current liabilities = 250; Inventory = 200; Account receivables = 200.Calculate the quick ratio.

• A)1
• B)2
• C)1.2
• D)0.4

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Definitions:

Project Complexity

A measure of the number of variables, uncertainties, and potential influences involved in a project, affecting its execution and outcome.

Positive Correlation

A statistical relationship where two variables move in the same direction, indicating that when one variable increases, the other one also increases, and vice versa.

Risk Mitigation Plan

A strategic approach to identifying, analyzing, and responding to project risks to minimize their impact.

Risk Transfer Plan

A strategy to shift potential risks to a project to another party, usually through insurance or contracts, as a way to mitigate negative impacts.